How much is the monthly payment of 300,000 yuan? According to the loan term, the repayment of 300,000 yuan generally refers to consumer loans borrowed from commercial banks. After all, if it is a housing loan, although the credit line is as high as 300,000, the term is generally not less than 5 years, not to mention only 3 years. Therefore, the bank loan interest rate in this paper is determined according to the consumer loan interest rate.

The consumer loan interest rate of general financial institutions is implemented according to the RMB loan interest rate, and the annual interest rate changes with the term. The annual interest rate 1 year is 4.35%, 1~5 years is 4.75%, and 5 years and above is 4.9%. If the loan lasts for three years, the annual interest rate is adjusted by 1~5, which is actually 4.75%.

For example, under different repayment methods, the annual interest rate of a loan of 300,000 yuan is 4.75%. According to the mortgage calculator, the monthly repayment is as follows:

1. Equal principal and interest repayment. Repay the fixed principal and interest of 8,957.65 yuan, interest of 22,474.84 yuan and loan interest of 322,474.84 yuan every month until the debt is paid off.

2. Repay the loan with equal principal and interest, fix the principal every month, and then calculate the interest for the next month according to the remaining principal. Among them, the monthly repayment is 9520.83 yuan, which will be gradually reduced by 12.99 yuan next month and 8366.32 yuan in the last month. The total interest is 265,438+0,968.75 yuan, and the interest with principal is 3,265,438+0,968.75 yuan.

Which is the principal and interest of housing loan? If it is worth it, it means less interest, so it is more cost-effective to match the principal and interest. The factors that endanger the housing loan interest are: loan amount, loan term, bank loan interest rate and loan repayment method. With the first three factors unchanged, the interest generated by equal principal and interest is less and less. If the loan amount is larger, the loan life is longer and the bank loan interest rate is higher, the interest difference between the principal and principal and interest will be more.

For example. Let's calculate: suppose the loan amount is 10 Jiuyang 100000, the loan term is10 to 30 years, and the annual interest rate of the loan is 4.3% and 4.9% respectively.

1. Equal principal and interest repayment.

Under the environment of 65438+ million, 10 and 4.3%, the total interest =2 1679. 17 yuan; 1 10,000, under the environment of 4.9% for 30 years, the total interest =73704 1.67 yuan.

2. Repay the loan with equal principal and interest.

Under the environment of 65438+ million, 10 and 4.3%, the total interest =232 12.44 yuan; 1 ten thousand, under the environment of 4.9% in 30 years, the total interest = 910616.19 yuan. Under the same conditions, the interest of equal principal and interest will be reduced by 1533.27 yuan-173574.5 yuan.

The above is the introduction of "which is more principal and interest of housing loan". I hope you can help everyone.